Are The Fees for the Investment Options in Your Plan Reasonable and In Plain Sight?
December 19, 2014
It is the duty of plan sponsors and fiduciaries to ensure that a plan operates in the best interest of the participants. Plans are subject to ever increasing scrutiny, especially with respect to fees. It is important to be confident that your plan is not run to favor interested parties such as recordkeepers or investment managers. This is where an investment consultant with fiduciary responsibilities can assist in the significant task of fiduciary oversight.
Read here how a plan audit helped reduce investment management fees and set the plan up for long-term success, reducing potential fiduciary liability concerns in the process.